Mon-Sat: 10:00 AM - 5:00 PM

Welcome To Alappuzha Govt Servants Co-Operative Bank

About Us

During the acute food grain scarcity of the 1960s, government employees and the former Alappuzha District Collector Mr. Kaleeshwaran raised this bank to provide rice and other grocery items to government employees at subsidized rates.

The institute has become a Class 1 Super Grade Bank with a share capital of ₹2.5 crore, ₹140 crore of investment, ₹95 crore loan standby, and ₹133.55 crore working capital with dividend of 25% for members. Having 9,800 A-class members, our bank operates branches in Neerkunnam & Kalavoor as well as a Neethi medical store in Vandanam.

9,800

A-Class Members

25%

Member Dividend

₹140Cr

Total Investment

₹95Cr

Loan Standby

Quick Services

Personal Loans

Up to 12 Lakhs for 100 installments @11.00% per annum

Emergency Loans

Up to 1.5 Lakhs @ 10.00% interest - Issued within 24 hours

Housing Loans

Up to 20 Lakhs for 216 installments @ 11% per annum

Gold Loans

Up to 5 Lakhs @ 8.88% per annum for 6 months